CAPITAL MARKETS

Ardiden flags Chinese lithium partner

CANADA-focused lithium hopeful Ardiden has signed a “conditional binding” agreement with Chinese mining equipment manufacturer Yantai to build a lithium concentrate plant for the Seymour Lake project in Ontario.

Michael Quinn
Ardiden flags Chinese lithium partner

Under the flagged agreement Yantai is to build, own, operate and transfer the plant, organise funding for 50% of the cost (to be repaid by Ardiden), and ensure a five-year offtake agreement for up to 5000...

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